Exercise 9-21 Presented below is information related to Sarasota Company Cost Retail Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue $281,000 1,393,000 2,147,000 93,500 15,100 37,000 4,500 2,236,000 $186,032 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method